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tv   FBN AM  FOX Business  December 17, 2015 5:00am-6:01am EST

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>> cheryl: breaking news this morning. it doesn't work this yet but janet yellen increase interest rates. good morning, everybody, i'm cheryl casone. >> nicole: good morning, i'm nicole petallides. call it a relief rally after the dow soured 220 points yesterday. still up arrows again. up 54 for the dow. s&p looking up more than 5. >> cheryl: on the camp taken trail donald trump talks to the commitment to the hillary clinton while -- republican party while hillary clinton
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talks down. >> nicole: we will have the latest on that story. >> cheryl: city of baltimore on edge after the protest of mistrial in the first case of a police officer charged in the death of freddie gray. >> nicole: in sports, shocker star abby hangs up her cleats and in baseball they pick up a big man in a seven-man deal. welcome, fbn:am, your very first look at what's moving in today's markets, latest breaking news and what to expect for the day ahead. >> cheryl: here is what you're going to have today, global stocks rally. that hike coming 7 years to the day to near zero. traders around the world applauding but the rate hike is drawing mixed reviews from the economics. >> right thing.
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this is what the system needed for a long time. >> if anything, deidre, they are causeed great depression. >> cheryl: feds move suggest the economy is strong enough to increase borrowing rates. increases will be gradual. the inflation will move higher. consumers and businesses could face modestly higher rates on some loans. >> nicole: let's get you caught up in the global market. you get up arrows across the board. nikkei 1 and a half percent. hang seng up 3 quarters and 1 percent and kospi half of a percent. >> cheryl: mid-day trading right now. all green arrows.
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ftse 1 -- 100 in london. 3% in germany. >> nicole: 46 points to the dow and s&p futures up 5. >> cheryl: right now oil is at 35.09, we could see 20 bucks. right now 35.09 we are down 36 cents. >> nicole: let's take a look at the dollar. all weaker against the strong u.s. dollar this morning. >> cheryl: yield on ten-year treasury. 2.4%. that is a loss of five and a half basis points. pretty move there. >> nicole: pentagon says defense secretary ash carter used a personal e-mail account earlier this year to do government business during first few months on the job.
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it was first reported by the new york times. pentagon spokesperson said carter believes his use personal use was a mistake, hillary clinton's use of personal e-mail account is currently the focus of an fbi investigation. >> cheryl: all right. to the latest on the race to the white house. republican donald trump traveled to mesa, arizona and had some choice words for all comers to democratic presidential candidate hillary clinton. trump leads the republican polls by a wide margin. the poll shows who is the competition right now. >> in one of the polls i'm 41-14. i'm winning by 27 points. do you believe that, folks?
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[cheers and applause] >> i don't think -- look i wish we could have the election tomorrow. i wish we didn't have to wait tomorrow. >> quite an arizona crowd. that's going to be thursday january 14th, that's going to be right here in the fox business network. >> nicole: as for hillary clinton, she picked up the endorsement yesterday of billionaire warrenbuffet. buffet introduced clinton as the event in omaha, nebraska, each is calling for higher taxes on the country's highest earners many have said they are seeing wages rise while tax rates decline. >> i'm going to try to implement what is called the buffet rule. millionaire should pay at least 30% income tax rates instead of
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10, 15, 20 and i want to go even further. >> nicole: buffet did not support a candidate in 2008. >> cheryl: higher than 30%, wow. president obama is going to meet with the national security team, the president is going to review efforts to protect the u.s. from terrorist attacks and give a statement. earlier this week, obama defended strategist to destroy islamic states. >> nicole: president obama signed a second short-term spending measure hours senate passed legislation. that will give lawmakers extra time to debate and vote on a larger funding bill and a separate tax package. the legislation is the second short-term bill that lawmakers have had to paz since they missed the december 11th deadline to pass the end of the year legislation.
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>> cheryl: protestors in the streets of baltimore after mistrail of death of freddie gray. officer william porter first to be tried in custody death. tension between law enforcement and activist rose during protests. two arrests were confirm bid police. many marched through the streets chanting. [shouting] >> cheryl: prosecutors will have to decide to recharge. >> nicole: after terror attacks
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in the french capital. he says they weren't able to because of a law limiting police raids on private homes. cheryl herl all right, here is a look at the headlines in today's edition, 80% of avon's north american business. the next one is on auto pilot. and finally microsoft joins plans with joint ventures. so a stock to watch today. >> nicole: indeed, coming up in sports last night was abby wambach's last game and she knew it was time to retire. >> i played 70 minutes and not able to score a goal, you know what, it's time to go.
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>> nicole: white six -- sox picked up a new name. why did he take it on the chin? that's a sucker punch right there. we will have the story for you. checking stock futures. dow futures right now up 48 and s&p 5. you're watching fbn:am, first look at morning markets and breaking news. ♪ ♪ its official, i work for ge!! what? wow... yeah! okay... guys, i'll be writing a new language for machines so planes, trains, even hospitals can work better. oh! sorry, i was trying to put it away... got it on the cake. so you're going to work on a train?
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>> how many books have you written? >> about 12. best sellers. >> never a children's book? >> i could do that. >> so i written a book that i put your name on, okay.
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it's called winners aren't losers. they're winners like me. a loser is a loser. this dog did bad deals, this dog is an idiot. now here are some frogs, we must quick the frogs out and build a wall. there are two kinds of people, there are two kinds of people, would you like to be a loser, or a winner like me. >> nicole: that was outstanding. that was donald trump on jimmy kimmel. there's a new star wars opening up tonight across 10,000 screens in the u.s. the force awakens in the coolest theaters, these tickets cost a
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premium and disney is banking on it. total box office forecast as high as $225 million. you can say the opening will be out of this world because nasa has arrangeed. >> cheryl: prime minister of spain yesterday mariano was campaigning in the city where he grew up. watch the video. he was punched in the head by a young man next to him. unidentifying 18-year-old. the teen pulled his arm back and delivered to his cheek. was held up by people around him. he was bruised. he wasn't seriously hurt. they arrested the kid luckily. turn to the market action.
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we are seeing green arrows across the globe. >> nicole: hang seng and kospi with up arrows, all after the feds raced rates in nearly a decade. >> cheryl: you can see big moves. ftse 88 points. look at germany dax, up about 3% in germany. 316 points. >> nicole: after three straight days of rates and hike, futures are up again. s&p futures up just over 5. >> cheryl: taking a look at the key commodities. it's all about oil again today. loss of 35 cents. gold is down 10 bucks. thursday night football could be on a computer near you very soon. nfl reportedly ready to accept for the thursday night football package. cbs is paying 300 million for a one-year contract where they produce all 16 thursday night
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games. nfl network airs the final eight. the new deal expected to be for the same amount. nfl is also contacted digital streaming companies like yahoo, google, amazon on a nonexclusive basis. >> nicole: how let's take a look at the latest from the world of sports. abby wambach has played her final game. abby wambach said that the game wasn't about winning or losing. >> there's nothing to be sorry about, you know, today wasn't about getting a result. it was about celebrating not just my career but the chances that i've had with all my other teammates and the time that i spent with them. >> nicole: wambach has scored 184 goals in international play, which is the most by any male or female player.
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she also won two olympic gold metals and world cup in 2016. good luck, abby. seven-player deal includes the dodgers. brandon dixon, scott from the dodgers and the dodgers get frankie montas, johnson and thompson from the white sox. the move will push lorry from third base to the second base. they returned home to face off against the phoenix sons where helped golden state a victory here of 128-103. he scored 27 points in third quarter alone and made eight of 13 three pointers. >> cheryl: coming up call it the
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yellen rally. the fed races interest rates and stock shoot up around the world. >> right thing, finally. and i agree this is what the system is needed for a long, long time. >> cheryl: after the dow rallied over 240 points yesterday, you want to take a look at the stock futures in the opening bell on thursday. higher pointing up higher by 53, nasdaq pointing up by 19. we are also keeping a very close eye this morning on baltimore after news of a hung jury in a freddie trial. we are going to have the latest on the intense situation. you're watching fbn:am, first look at morning markets and breaking news. ♪ ♪
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>> nicole: breaking news this morning. janet yellen and policymakers hike interest rates. stock markets around the world go into rally mode. good morning, i'm nicole petallides. >> cheryl: good morning, i'm cheryl casone. the dow soured over 220 points yesterday. the dow pointing higher by 55, s&p by 5 and three quarters. >> nicole: on the camp taken trail donald trump talks to the commitment to the republican party while hillary clinton doubles down on taxing the wealthy. >> cheryl: defense secretary ash carter in hot water after the pentagon admits he used personal e-mail. >> nicole: city of baltimore on inch after judge's declaration of mistrial in the first case charged in the death of freddie gray.
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>> cheryl: and in sports soccer star abby wambach puts up the cleats. fbn:am, first look at morning markets and breaking news and what to expect on the day ahead. >> nicole: that hike coming seven years to the day after the central bank cut its benchmark rate to near zero levels. traders are applauding, but the rate hike is drawing mixed reviews from economists. >> right thing finally, this is what the system has needed for a long, long time. >> they shouldn't have kept the rates this low for this long. if anything, deidre, they have caused the great depression. >> it's already weakening.
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>> nicole: feds move rates. future rate increases would be gradual and dependent on expectations that inflation will move higher. >> cheryl: let's get you caught caught up on global action overnight. ftse 89, dax about 3% higher, 317 point gain. strong performance in europe this morning. >> nicole: futures are looking higher again. dow is 62, gaining momentum, s&p futures up 7. >> cheryl: checking key commodities, obviously an eye on oil today with the stronger dollar. 3523 right now a loss of 29 cents, gold down 11.
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>> nicole: let's take a closer look at asia markets. tracy yu. good morning, tracy. >> tracy: big fat verdict in china, chinese exporters were the biggest winners of a much cheaper. in hong kong markets rally as well. hang seng gained about eight tenths of 1%. banking stocks performed very well after a fear for long china east. momentum from yesterday adding 1.6%. this round of rate hike cycle would be a gradual one n. south korea, kospi gained about 4 tenths of 1%. back to you. >> nicole: thank you tracy yu in beijing. >> cheryl: pentagon said ash
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carter used personal e-mail account to do government business on first few months on the job this year. it was reported by the new york time. carter believes his use of personal e-mail for work-related business was a mistake. cook declined if it was a violation ofpolicy. >> nicole: latest on the race for the white house. donald trump traveled to mesa, arizona where he addressed a rockous crowd. trump leads the republican polls by a wide margin. trump told hosts that the poll numbers show who is competition and who really is not. >> in one of the polls i'm winning -- i'm 41-14, i'm winning by 27 points.
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27 points. do you believe that? [cheers and applause] >> so, you know, i don't think -- look, i wish we could have the election tomorrow. i wish we didn't have to wait a month. >> nicole: make sure to tune in for the next fox business republican debate, thursday january 14th, right here on the fox business network. >> cheryl: well, you know, most people dream of having stock market session, $770 million on shares on those companies. congress closed in on an extension of tax credit for renewable energy. just last month he boosted stake in solar city and now there's good bargain hunting. >> nicole: coming up, all the online shopping that you're doing it's giving fedex boost,
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we will tell you how much. it'll be a lot easier to get there. let's check u.s. stock market futures. the dow up 65 right now for futures, s&p futures over 7. nasdaq 21 to the upside. you're watching fbn:am, first look at morning markets and breaking news. ♪ ♪
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>> nicole: we are up three days in a row. rate hike and higher again. s&p futures up more than 7. nasdaq up 20. >> cheryl: you want to keep an eye on the oil today. we are down with 33 cents down. >> nicole: fedex delivered for shareholders in latest quarter driven by record online holiday shopping. the delivery company adjusted profit topped the estimate and backed full year's earnings guidance. 5% in after hours trading. this year holiday season is it's busiest ever and no sign that it's going to light up, adding demand has been particularly
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high in the northeast. >> cheryl: raises safety concerns at the u.s. postal service. grounding shipments by plane effectively immediately due to potential safety hazards due to lithium batteries. recent moves by other airlines to ban some after reports after hoverboards exploding and burning down homes. >> nicole: there are reports that united states and cuba have reached an understanding on restoring regularly commercial flights. teams have been meeting since monday in washington, diplomatic, would help open the way for u.s. airlines to begin flying to cuba within months. >> cheryl: all right, coming up, the yellen rally, fed raises interest rates and stocks shoot up around the world. >> the right thing finally and
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margaret and i agree that that's what the system needed for a long, long time. >> cheryl: check u.s. stock ibd exfutures this morning. looking to a big strong open. dow up 57, s&p six and three quarters and nasdaq as well. we are going to keep a close eye for you this morning on the city of baltimore after news of a hung jury, sparked protest last night. gray's family calling for calm. we are going to have the latest on the intense situation. you're watching fbn:am, first look at morning markets and breaking news. ♪ ♪
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>> cheryl: breaking news this morning. it usually doesn't work this way by janet yellen hike interest rates and stock goes into rally
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mode. go figure. >> nicole: rate rise, dow futures this morning higher again. dow futures up 16, s&p futures up 7. >> cheryl: donald trump talking about commitment to the republican party. hillary clinton doubles down on taxing the wealthy. >> nicole: defense secretary ash carter in hot water after the pentagon admit he used his personal e-mail account for some of his professional correspondence. we will have the latest on that story. >> cheryl: city of baltimore on edge on mistrial of a case of police offered charged in the case. >> nicole: in baseball white sox picked a seven-man deal.
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good morning, welcome to fbn:am, first look at morning markets and breaking news and what to expect on the day ahead. >> cheryl: that hike coming seven years today after the central bank cut benchmark near zero levels. traders, they're applauding by the rate hike is drawing mixed reviews from economists. >> right thing finally and margaret and i agree that that's what the system has needed for a long time. >> they shouldn't have kept the rates low for this long, if anything, they have caused the length of this great recession. >> i think 2016 is going to be the worse year and the fed is tightening too late, they should have done it when the economy was stronger, it's already weakening. >> cheryl: but chair janet yellen said that fed rates would
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be gradual. >> nicole: let's get you caught up on the global action that we have been seeing overnight. let's kick it off with asia. we see the hang -- shanghai composite. kospi also gains. >> cheryl: europe, big morning, i guess we should say afternoon, now. ftse 86, cac 140 points. look at germany 306 points about 3%. >> nicole: check out u.s. stock market futures after three days of gains can we make it four. s&p futures 6 and a half after the first rate hike in nearly 10 years. >> cheryl: obviously we have to look at the oil today. oil is down 33 cents, 35.19. >> nicole: the pentagon says defense secretary ash carter used personal e-mail account to
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do some government business during first few months earlier this year. it was first reported by "the new york times". spokesperson believes use of e-mail was a mistake. now hillary clinton's use of personal e-mail account as secretary of state is currently the focus of an fbi investigation. >> cheryl: now to the latest on the race for the white house. republican donald trump traveled to mesa, arizona where me addressed a rockous crowd and had choice words, well, pretty much for everyone from the hosts to the democratic presidential candidate hillary clinton, trump leads the republican polls by a wide margin and the last time on the oh -- o'reilly factor, it show who is his competition really is. >> i'm 41-14.
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i'm winning by 27 points. do you believe that? [cheers and applause] >> i wish we could have the election tomorrow. i wish we didn't have to wait a month. [laughter] >> cheryl: pretty big crowd there in mesa, arizona, you want to make sure to tune in for the next fox business republican debate. that's our second one. january 14th right here on the fox business network. >> cheryl: hillary clinton picked endorsement of warren buffet, buffet introduced clinton at the event in omaha, nebraska, each is calling for higher taxes on the country's highest earners, many of whom are seeing wages rise while their tax rates decline. >> i'm going to fight hard to try to implement what is called the buffet rule, the buffet rule that millionaire should pay at least 30% income tax rates
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instead of 10, 15, 20 and i want to go even further. [cheers and applause] >> nicole: buffet did not support a candidate in 2008 democratic contest. >> cheryl: president obama is going to meet with the national security team. the president will review efforts to protect the u.s. from terrorist attacks and give a statement. earlier this week obama defended strategy and tomorrow plans to visit with the families of the san bernardino terrorist shootings. >> nicole: president obama has signed a second short-term measure. the measure will fund the government through tuesday. that will give lawmakers extra time to debate and vote on large funding bill and a separate tax package. legislation is the second short-term bill that lawmakers have had to pass since they missed the december 11th deadline. >> cheryl: protestors took to the streets of baltimore last night after a mistrial was declared in the first case
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related the freddie gray. the young man that died in police custody last year. officer william porter is the first of six to be tried over gray's in-custody death. proarrests were confirmed by police and many demotrats marched through the streets shan'ting. [shouting] [shouting] >> cheryl: prosecutors will have to decide to recharge porter. >> nicole: purchase will give access to a new kind of drug for fighting blood cankers.
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latest effort to rebuild its pipeline. >> cheryl: here is a look at the headlines in today's edition of the wall street journal for you. the first one is 80% of avon's north american business. united operating on autopilot. waits return of ceo óscar muñoz. finally microsoft, joint venture. a jointly joint entity with chinese partner to accelerate windows 10 operating system. stock to watch today. >> nicole: coming up in sports last night was abby wambach's last game and she knew it was time to retire. >> i played 70 minutes and we weren't able to score a goal, okay, you know what, it is time to go. >> nicole: in baseball the white sox picked up a big name in a seven-man deal. find out who went where. that's coming up next.
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why did this world leader take it on the chin, wait for it. oh, we will have that story. check u.s. stock market futures. fed rate raise and right now 54 points for dow, s&p futures up 6 and nasdaq up 19. you're watching fbn:am, first look at morning markets and breaking news ♪ ♪ opinions. there's no shortage in this world. who do you trust? whose analysis is accurate? how do you make sense of it all? a simple, unbiased stock score consolidated from the opinions of independent analysts... is that too much to ask? nope. equity summary score, powered by starmine, will help you execute your ideas with speed and conviction. and it's only on fidelity.com.
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>> how many books have you written? >> best sellers. >> never a children's book, right? >> i want to do that. >> i would like to make a
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trillion dollars, whatever you have also so i wrote a written a book that i put your name on it and it's called winners aren't losers. winners aren't losers, they're winners like me. which one will you be. a dog is a loser, frankly i pit it, the dog did bad deals, poor, mr. bear, he must feel like a loseer, here are some frogs, we must kick the frogs out and build a wall. there are two kinds of people, which one will you be a loser like them would you like to finish or a winner -- >> like me. [cheers and applause] >> nicole: come on, that was outstanding. that was donald trump on jimmy kimmel live last night. in case you haven't heard, there's a new star wars opening tonight across 10,000 screens in the united states. the force awakens in most
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expensive theaters. those tickets cost a premium and disney is banking on it to help drive profits. $225million. and you can say this opening will be out of this world because nasa has arranged the special screening for the astronauts aboard the international space station. that's pretty cool. >> cheryl: that's cool. this not so cool. a shocking moment for the prime minister of spain yesterday, prime minister mariano rajoy was campaigning in the city where he grew up when he was punched in the head by a young man. you can see it again. the unidentified man, pulled his arm out and was held by people around him. he was bruised. he wasn't seriously hurt. yeah, the young man was arrested. >> nicole: three days of gains, rate hike.
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dow futures are looking higher once again. s&p futures up 7, nasdaq 21. >> cheryl: oil is down again in premarket. we will see where all the contract trade. gold down 11 bucks and change. >> nicole: thursday night football could be on a computer near you very soon. nfl is ready to accept bids for thursday night package. they produce all 16 thursday night games but nfl network airs the final eight. reports say the new deal is expected to be at least the same amount. the nfl has also contracted digital streaming companies such as google, yahoo, apple, amazon in an attempt to stream a simulcast. >> cheryl: well, now let's take a look at the latest in the world of sports. abby wambach has played her final game for team usa. wambach said that the game
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wasn't about winning or losing. >> there's nothing to be sorry about, you know, today wasn't about getting a result, it was about celebrating not just my career but the chances that i've had with all my other teammates and the time that i spent with them. >> cheryl: what a career it was. wambach scored 184 goals in international play, most by any male or female player ever. she's also won two olympic world medals and world cup in 2015 and she has a good fan in nicole petallides. the deal includes seven players that moves a few younger players around and involves the los angeles dodgers. frazier won the home run derby. 35 home runs and 89rbi's. it was a battle of the star rookies in new york city.
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towns lead the way for the timbers wostles but it wasn't enough to beat the knicks as they won 107-102. seven blocks, three assists. >> nicole: excuse me. latest clash of the rock and roll hall of fame has been announced nwa is joining first. the hip-hop group was considered four times. the blockbuster straight out of compton. >> cheryl: coming up we are going to run global market action before we hand it over to mornings with maria. stay with us. ♪ ♪
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♪i see trees of green ♪red roses too ♪i see them bloom ♪for me and you ♪and i think to myself ♪what a wonderful world ♪music ♪the colors of the rainbow ♪so pretty in the sky ♪are also on the faces ♪of people going by
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♪i see friends shakin hands ♪saying how do you do? ♪they're really saying ♪i love you ♪i hear babies cry ♪i watch them grow ♪they'll learn much more ♪than i'll ever know ♪and i think to myself ♪what a wonderful world ♪music ♪oh yeah
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>> nicole: fed hikes rates in nearly a decade. global stocks rally across the globe. here is europe. cac up 2 and a half percent, bringing it right here at home after three days of gains. u.s. stock market futures higher open. s&p futures up 6 and a half, we are already 2.8% for the dow. turning it right over to commodities and treasuries. down arrows again. gold down 11.70. treasury yield four, five days with up arrows. here is the treasury yield. taking you through the next several hours maria bartiromo, mornings with maria begin right now. good morning, maria. >> maria: hi, everybody, happy thursday to you. i'm maria bartiromo. with me this morning fox
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business network dagen mcdowell and gary back with us. gary, welcome back. good to see you. we have liftoff. federal reserve raising interest rates yesterday after seven years of being near zero. janet yellen confidence in her decision yesterday. global stocks rally. climbing more than 200 points in yesterday's trading session. today extending that. take a look at futures. we are expecting a gain about 55 points in dow industrials this morning. so the intuf -- intuf >> all up in one and a third and three% as you can see. in asia overnight, shanghai composite 2% and nikkei one and
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a half percent. ashton carter receiving scrutiny this morning after using private e-mail for government business. this could be even more problematic than hillary clinton's private use according to wall street journal. pentagon is one of the top targets for international hackers. more on the story coming up. a mistrial in the freddie gray's death. juries were gridlock. it's easier to travel to cuba. a deal for international flights has been reached. first time in decades. let's get to the top story first. the central bank yesterday lifting key rate to a quarter 1% as widely expected. future rate increases will be gradual. we are looking another day of gains this morning.

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